IGT Extends Global Technology Agreement with FutureLogic

Mar 26, 2013, 13:36 ET from FutureLogic, Inc.

GLENDALE, Calif., March 26, 2013 /PRNewswire/ -- FutureLogic, Inc., a leading developer of innovative ticket printing and couponing solutions, is pleased to announce that it has signed to extend its Global Technology Agreement with International Game Technology (IGT). According to the agreement, FutureLogic's peripherals will continue to be the preferred printers in IGT's current gaming platforms.  With operator demand increasing, IGT will be transitioning to the GEN3 Evolution® printer in 2013.

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The award winning GEN3 Evolution® printer has the industry's largest standard paper capacity, 450 tickets.  This will save operators up to 30 refills or $300 per printer annually.  Further reducing costs, FutureLogic printers eliminate paper waste by consuming the ticket stack down to the last ticket. Moreover, the GEN3 Evolution® printer is also the fastest printer in gaming, printing and presenting a ticket/coupon in less than one second.  Designed with promotional couponing in mind, the GEN3 Evolution® printer will provide operators with separate and secure processing environments for both TITO and promotional couponing and precision grayscale printing through advanced temperature control technology, yielding the highest resolution output for printing eye-catching promotional coupons.

"We chose to extend our global agreement with FutureLogic because of their outstanding printer performance and reliability, which allow IGT to focus on our customer needs in innovative ways, while delivering new levels of efficiency to casino floors," said John Chamberlain, IGT Director of Platform Product Management. "Over time, strong relationships have been established between our companies, and we look forward to our continued partnership with FutureLogic."  

"We are delighted with IGT's decision to extend our global agreement to supply our printer technology for their full range of award winning games," said Nick Micalizzi, FutureLogic's VP Sales & Marketing, North America. "FutureLogic printers will continue to serve with an unmatched track record for performance and reliability.  We look ahead to a lasting partnership with IGT."

About FutureLogic, Inc.

Founded in 1983, FutureLogic is the leading developer of innovative ticket printing and couponing solutions to gaming technology providers and operators around the world. As the premier supplier of super-robust thermal ticket printers to the global gaming industry, FutureLogic has shipped more than 1.5 million printers for casino gaming, video lottery, AWP, LPM, SWP and kiosk applications worldwide. Headquartered in Glendale, CA and with offices across North and South America, Europe, Asia and Australia, FutureLogic's sales and engineering teams are ready to provide direct support and local knowledge for manufacturers and operators around the world. For more information or to contact us, please visit futurelogic-inc.com.

About IGT

International Game Technology (NYSE: IGT) is a global leader in casino gaming entertainment and continues to transform the industry by translating casino player experiences to social, mobile and interactive environments for regulated markets around the world. IGT's recent acquisition of DoubleDown Interactive provides engaging casino style entertainment to more than 5 million players monthly. More information about IGT is available at www.IGT.com or connect with IGT at @IGTNews or www.facebook.com/IGT. Anyone can play at the DoubleDown Casino by visiting  http://apps.facebook.com/doubledowncasino or www.doubledowncasino.com.

FutureLogic Contact: Matt Naraghi Director of Marketing, North America 619.786.4995 matthew.naraghi@futurelogic-inc.com   

SOURCE FutureLogic, Inc.